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Slow-Growth Japan

MAIN INDUSTRIES: Those rooted in the domestic economy, especially banks, property, construction, retailing, and local manufacturing.

COSTS: Too high, because of overregulation, protected markets, rich prices of imported goods, and lofty wages.

STOCK PRICES: Under pressure from threat of deregulation, problem loans, low consumer confidence.

FINANCES: A problem, since banks are not lending and business failures are increasing.

COMPETITIVENESS: Weak. Reliant on trade barriers that are slowly dropping.

DATA: BLOOMBERG FINANCIAL MARKETS


Updated June 15, 1997 by bwwebmaster
Copyright 1997, Bloomberg L.P.
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